Helping You Build Wealth With Honest Research
Since 1996. Read On...

MEMBER'S LOGINX

     
Invalid Username / Password
   
     
   
     
 
Invalid Captcha
   
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

UNITED DRILLING TOOLS Gains 13%; BSE CAPITAL GOODS Index Down 0.5%
Wed, 14 Aug 9:54

UNITED DRILLING TOOLS Gains 13%; BSE CAPITAL GOODS Index Down 0.5%Image source: peterschreiber.media/www.istockphoto.com

UNITED DRILLING TOOLS share price has zoomed 13% and is presently trading at Rs 266.8.

Meanwhile, the BSE CAPITAL GOODS index is at 71,605.9 (down 0.5%).

Among the top gainers in the BSE CAPITAL GOODS index today are V GUARD IND. (up 5.6%) and AIA Engineering (up 1.1%).

SKF India (down 3.5%) and SCHAEFFLER INDIA (down 2.0%) are among the top losers today.

Over the last one year, UNITED DRILLING TOOLS has moved up from Rs 215.2 to Rs 266.8, registering a gain of Rs 51.6 (up 24.0%).

On the other hand, the BSE CAPITAL GOODS index has moved up from 43,332.6 to 71,605.9, registering a gain of 65.2% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were BHEL (up 186.6%), HINDUSTAN AERO. (up 139.6%) and Bharat Electronics (up 125.9%).

Must See: These Segments are Witnessing Incredible Growth with Modi's Push

What About the Benchmark Indices?

The BSE Sensex is at 79,103.9 (up 0.2%).

The top gainers among the BSE Sensex today are TCS (up 1.5%) and M&M (up 1.4%). The most traded stocks in the BSE Sensex are Tata Steel and Infosys.

In the meantime, NSE Nifty is at 24,157.1 (up 0.1%). TCS and M&M are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,401.9 to 79,103.9, registering a gain of 13,702.0 points (up 21.0%).

UNITED DRILLING TOOLS Financial Update...

UNITED DRILLING TOOLS net profit grew 9.1% YoY to Rs 31 million for the quarter ended March 2024, compared to a profit of Rs 29 million a year ago. Net sales rose 90.7% to Rs 428 million during the period as against Rs 224 million in January-March 2023.

For the year ended March 2023, UNITED DRILLING TOOLS reported 79.5% decrease in net profit to Rs 103 million compared to net profit of Rs 500 million during FY22. Revenue of the company fell 31.5% to Rs 1,198 million during FY23.

The current Price to earnings ratio of UNITED DRILLING TOOLS, based on rolling 12 month earnings, stands at 54.3.


Equitymaster requests your view! Post a comment on "UNITED DRILLING TOOLS Gains 13%; BSE CAPITAL GOODS Index Down 0.5%". Click here!